India’s manufacturing sector lost momentum in November, with activity expanding at its slowest pace since February. The HSBC India Manufacturing PMI dropped to 56.6, down from 59.2 in October. Although a reading above 50 indicates growth, the decline shows a cooling in both demand and output.
The Ministry of Electronics and Information Technology (MeitY) on 18 November 2025 approved 17 new projects under the Electronics Component Manufacturing Scheme (ECMS). The investments total approximately ₹7,172 crore and will set up manufacturing units for electronic components across nine states and union territories: Karnataka (5), Tamil Nadu (3), Maharashtra (3), Jammu
The Indian government has withdrawn the Quality Control Orders (QCOs) on polyester fibre and polyester yarn, reversing a mandate that previously required compulsory certification for both domestic manufacturers and importers. The decision follows sustained industry feedback that the QCOs were creating supply delays, higher compliance costs and operational challenges for
India has been identified by World Energy Council Chairman Adnan Amin as having substantial potential to become a key player in the global supply chain for rare earth elements, provided it focuses on building up processing and refining capabilities. Amin pointed out that although these minerals are often labelled “rare earths”, they are “really not […]
Global prices of major pulses have fallen sharply, with declines ranging from 5% to 20% over the past month. The drop is attributed to strong competition among major exporters. Exporters Compete for Market Share Canada, Australia, Russia, and several African countries are intensifying efforts to win buyers in world markets. New crops of peas and […]
India on Tuesday and Wednesday purchased 300,000 metric tons of soybean oil (soyoil) from Argentina—its largest ever two-day import. The deal follows Argentina’s move to suspend export duties on soy and related products. Duty Suspension Triggers Surge Argentina temporarily lifted taxes on soy, corn, wheat and derived goods, making their export prices more competitive. This
India’s smartphone exports in August 2025 rose by 39% compared to August 2024, reaching USD 1.53 billion. This growth was driven largely by strong international demand. U.S. Shipments Double Exports to the United States more than doubled, climbing to USD 965 million from USD 388 million a year ago—a 148% increase. This highlights the U.S. […]
The Indian government has directed iron ore miners and exporters to increase production and cut domestic prices by half or face the possibility of an export duty or even a complete export ban starting 2 October 2025. The move comes after rising ore prices created difficulties for domestic steelmakers. Possible Export Duty The Finance Ministry […]
Chinese electric vehicle maker BYD will send senior executives—including its India Managing Director, Ketsu Zhang—to India in the coming months. The delegation aims to review operations and relaunch training programs following improved diplomatic ties between India and China. Context Of Improved Relations This planned visit follows a visible thaw in India–China relations
At the Semicon India 2025 summit in New Delhi, Prime Minister Narendra Modi described semiconductors as the “digital diamonds” of the 21st century. He said these chips, though small, are powerful engines of global innovation and economic growth. Modi added that “India’s smallest chip will drive the world’s biggest change,” underscoring India’s rising role in […]















